PLAZA Token Sale FAQs

The PLAZA presale started on March 15 and consists of three tiers. Every tier starts and ends at 09:00 (9am) GMT.

Tier 1 (March 15 – 22): 50% bonus (reserved tokens only)

Tier 2 (March 22 – 29): 30% bonus

Tier 3 (March 29 and onwards): 25% bonus

The PLAZA TGE starts on October 4 and runs until December 27 or until the Hard Cap is reached.

It consists of four tiers. Every tier starts and ends at 09:00 (9am) GMT.

Tier 1 (October 4): 10% bonus

Tier 2 (October 5 – 11): 10% bonus

Tier 3 (October 11 – 18): 5% bonus

Tier 4 (October 18 - December 27): 0% bonus

The Token Sale will end upon reaching the hard cap or the scheduled end date, whichever comes first. Tokens will be transferable once the Token Sale has been completed.

The hard cap is 100,000 ETH.

No soft cap. Our financial planning framework in the White Paper makes allowances for a range of crowdfunding levels. Our Total bCommerce™, incorporating the Freedom Lifestyle and the MerchantChain™, will roll out regardless of the raise. Funding levels mainly determine how widely and quickly it will roll out.

The base rate is 1 ETH = 5,000 PLAZA.

The minimum purchase is 0.25 ETH; the maximum is 2,500 ETH.

The payment method accepted is ETH.

Only ERC20-compatible ETH wallets can accept PLAZA tokens. We recommend www.MyEtherWallet.com. We also recommend reading all the information MyEtherWallet presents to you if this is the first time you have set up such a wallet.

During presale, purchasers will receive a simple agreement for future tokens (SAFT). By the time the TGE main sale starts, a smart contract will be implemented that will effectively hold non-transferable PLAZA in your ERC20-compatible ETH wallet. PLAZA will become transferable after the TGE has ended.

PLAZA tokens will be transferable once the Token Generation Event is completed.

PLAZA Token FAQs

Questions regarding the PLAZA Token details

The total token supply (maximum possible) is 960,000,000 PLAZA.

PLAZA is a reusable ERC20 utility token that is freely transferable on the Ethereum blockchain and can be held within the PlazaWallet or any ERC20 compatible wallet.

Our link to the rest of the crypto world, the PLAZA utility token:

Facilitates the building of decentralised applications on the MerchantChain

Accesses the most exclusive PlazaCard membership tiers

Pays Plaza Lifestyle Rewards

Pays MerchantChain maintenance royalties

Pays PlazaArbitration fees

Other Plaza FAQs

Other questions involving Plaza Systems

The “PLAZA Freedom 50” airdrop is closed. The initial 10,000 airdrop places filled so quickly that we offered another 15,000 places due to popular demand. These also filled very quickly. The official airdrop list is here: www.plaza.systems/airdrop-list. All participants are being verified according to the requirements of the airdrop, therefore this list will not be final until October 27, which is the official end date for the token generation event.

The deadline for the “PLAZA Republic” Presale reservation passed at 09:00 (9am) GMT on March 15. The opportunity for the thousands of people who participated to secure their 50% bonus passed at 0900 (9am) GMT on March 22.